Safe Enterprises Retail Fixtures (NSE:SAFEENTP) ROIC %: 28.75% (As of Mar. 2026)

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NSE:SAFEENTP Safe Enterprises Retail Fixtures Ltd NSE:SAFEENTP
21 GF Score
Price ₹257.45
! 3 Warning Signs
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What is Safe Enterprises Retail Fixtures ROIC %?

Safe Enterprises Retail Fixtures NSE:SAFEENTP -2.09% 21 ROIC % is 28.75% as of Mar. 2026. GuruFocus rates NSE:SAFEENTP with a GF Score™ of 21/100. The stock has 3 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Safe Enterprises Retail Fixtures's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 28.75%.

As of today (2026-07-21), Safe Enterprises Retail Fixtures's WACC % is 13.03%. Safe Enterprises Retail Fixtures's ROIC % is 39.76% (calculated using TTM income statement data). Safe Enterprises Retail Fixtures generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Safe Enterprises Retail Fixtures  (NSE:SAFEENTP) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Safe Enterprises Retail Fixtures's WACC % is 13.03%. Safe Enterprises Retail Fixtures's ROIC % is 39.76% (calculated using TTM income statement data). Safe Enterprises Retail Fixtures generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Safe Enterprises Retail Fixtures ROIC % Related Terms


Safe Enterprises Retail Fixtures ROIC % Historical Data

* Premium members only.

The historical data trend for Safe Enterprises Retail Fixtures's ROIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Safe Enterprises Retail Fixtures ROIC % Chart

Safe Enterprises Retail Fixtures Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROIC %
57.48 66.48 69.45 49.37

Safe Enterprises Retail Fixtures Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
ROIC % Get a 7-Day Free Trial 0.00 75.60 65.54 47.15 28.75

NSE:SAFEENTP vs SN, SGI, MHK: ROIC % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Safe Enterprises Retail Fixtures's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Safe Enterprises Retail Fixtures ROIC % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Safe Enterprises Retail Fixtures's ROIC % distribution charts can be found below:

* The bar in red indicates where Safe Enterprises Retail Fixtures's ROIC % falls into.


NSE:SAFEENTP
21GF Score
Safe Enterprises Retail Fixtures Ltd NSE:SAFEENTP
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Safe Enterprises Retail Fixtures ROIC % Calculation

Safe Enterprises Retail Fixtures's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2026 is calculated as:

ROIC % (A: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2025 ) + Invested Capital (A: Mar. 2026 ))/ count )
=774.402 * ( 1 - 24.33% )/( (629.046 + 1744.699)/ 2 )
=585.9899934/1186.8725
=49.37 %

where

Invested Capital(A: Mar. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1019.416 - 116.48 - ( 273.89 - max(0, 229.731 - 625.018+273.89))
=629.046

Invested Capital(A: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3180.039 - 130.911 - ( 1304.429 - max(0, 228.714 - 1903.81+1304.429))
=1744.699

Safe Enterprises Retail Fixtures's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=717.858 * ( 1 - 24.75% )/( (2013.284 + 1744.699)/ 2 )
=540.188145/1878.9915
=28.75 %

where

Invested Capital(Q: Sep. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3245.007 - 206.62 - ( 1025.103 - max(0, 607.885 - 1705.64+1025.103))
=2013.284

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3180.039 - 130.911 - ( 1304.429 - max(0, 228.714 - 1903.81+1304.429))
=1744.699

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 28.75% mean?
Safe Enterprises Retail Fixtures (NSE:SAFEENTP) has a ROIC % of 28.75% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Safe Enterprises Retail Fixtures and its competitors.
Is Safe Enterprises Retail Fixtures' ROIC % too high?
Safe Enterprises Retail Fixtures' current ROIC % is 28.75%. The Furnishings, Fixtures & Appliances industry median ROIC % is 3.41. Safe Enterprises Retail Fixtures' value of 28.75% is 743.1% above this industry median. Overall, Safe Enterprises Retail Fixtures has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Safe Enterprises Retail Fixtures' ROIC % compare to SN and SGI?
Safe Enterprises Retail Fixtures' ROIC % of 28.75% can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median ROIC % is 3.41. Safe Enterprises Retail Fixtures' value of 28.75% is 743.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Furnishings, Fixtures & Appliances company?
The median ROIC % among Furnishings, Fixtures & Appliances companies is 3.41, based on 428 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Safe Enterprises Retail Fixtures's current ROIC % of 28.75% is 743.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Safe Enterprises Retail Fixtures and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROIC % is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safe Enterprises Retail Fixtures's current ROIC % is 28.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safe Enterprises Retail Fixtures stock overvalued right now?
Safe Enterprises Retail Fixtures (NSE:SAFEENTP) has a current ROIC % of 28.75%. The current ROIC % is 28.75% and 743.1% above the Furnishings, Fixtures & Appliances industry median of 3.41. Safe Enterprises Retail Fixtures' overall GF Score™ is 21/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Safe Enterprises Retail Fixtures (NSE:SAFEENTP), the current ROIC % is 28.75% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Safe Enterprises Retail Fixtures Business Description

Address Plot No. D-372, TTC MIDC Industrial Area, MIDC Kukshet Village, Sanpada, Thane, MH, IND, 400703
Safe Enterprises Retail Fixtures Ltd is engaged in designing, manufacturing, supplying, and installing shop fittings and retail fixtures, offering a wide range of customized in-store solutions across retail segments such as fashion & apparels, electronics, and departmental stores. The company provides merchandising solutions addressing challenges retailers and brand marketers face in display, placement, storage, and safety of products, providing shop fitting solutions from conceptual design and prototyping to manufacturing and installation, tailored to meet customer needs. It also offers shop fittings, including modular, electrified fittings that integrate with digital technologies such as LED lighting, digital screens, and display stands.
21GF Score

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ROIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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